519 Fairview Avenue

Prime Ridgewood location—one of the most sought-after and fast-growing neighborhoods in New York Lot size: 24' by 95' (approx 2,375 square feet)Building dimensions: 25' by 95'Approximately 2,000 square feet. 10 garages. Maximum buildable floor area: 4,750 square feet. 2,755 square feet of unused air rights on existing garage building. Potential to build up to 7 units with parking. Condos in the area sell for around $1,100 per square foot, with a potential gross income of $5,225,000 (contact us for comparable sales). Area rentals average $62 per square foot annually, offering a projected gross income of $300,000 per year